St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-14
A Rr1cLEs OF 1NcoRpoRATIoN-rhe under

A RTICLEs OF INCoRPORATIoN-The under
IA signed being DESTROYS OF forming cor
poration in accordance with the laws of the State
of Minnesota in such case made and provided, do
for said purpose hereby associate themselves to-.
gether and hereby sign and adopt the following
| articles of interpretations:
Article 1.-The name of this corporation shall be
| the MARX Paine Lumber Company
Article 2--The object for VIII ch this corporation
is formed and the general nature of its business
shall be the purchase and sale OF all kinds of um-
Der, lath, shingles and all material pertaining to
the lumber trade and the purchase, holding and
sale of real estate.
The principal place of business and the general
Office OF said corporation shall be at the City of
Minneapolis, Minnesota, and said CORPORATION
shall have the ght TO do business at other places
| as shall be deemed best.
Article S-Ths corporation shall commence on
the list day of April, A d. 1887, and shall continue
| for period of thirty years thereafter.
| Article 1.-THE amount of capital stock of said
corporation shall be fifty thousand (s5O,OOC) dol
lars divided into 1000 shares OF fifty (s5O) dollars
! each. Said shares to be paid in as the Board of
| Directors shall determine and direct.
Article 5-The highest amount of indebtedness
| to which said corporation shall ut any time be
subject shall be twenty-five thousand ($25 0O0) dol
| lars.
Article 6-The names and places of residence of
the persons forming this corporation are as fol-
| lows, to-wit: James NJ. Paine. Minneapolis Min
| nesota; Edgar w. Wilson, Minneapolis, Minnesota
and Mark Paine. Northern Pacific Junction, Min
| nesota.
| ArtlClc f-Ine government VI tillS corporation
and the management of its business affairs shall
| be vested in board of three (3) directors. They
shall be elected by ballot vote of the stockhold-
ers leach share being entitled to vote) at each
annual meeting thereof, and sh all hold their Of
fees for one year. or until their successors are
duly elected and qualify in their stead.
The annual meeting of this corporation shall be
| held on the first Tuesday of May in each and
every year at its general Office in Minneapolis ex-
cept that no annual meeting shall be held in the
| year 1887,
| Tho animal If fha ord of
| shall be held each and every year after the wear
1887 at the general Office of said corporation in
said Minneapolis, Immediately after the adjourn
ment OF the annual meeting OF said corporation
| The first Board of Directors of said corporation
| shall consist OF the following named persons VINO
shall hold their offices until the annual meeting
OF the corporation tor the year 1888, until their
successors are elected and qualify in their stead:
James n. Paine, Edgar w. Wilson and Mark
! Paine.
Article S-The officers of this corporation shall
be President, Vice President Secretary and Treas
| urer. The same person may hold the offices of
secretary and Treasurer in said corporation at the
same time. They shall be elected by the Board
OF Directors at each annual meeting after the year
1887 and shall hold their offices for one year or
| unit their successors are elected and qualify in
their stead. The first officers of this corporation
| shall be the following named persons: President
James NJ. Paine; Vice President Edgar W. Will
| son; Secretary and Treasurer, Mark Paine. They
shall hold their offices until the annual meeting
Of the Board OF Directors for the year 1885, or
| til their successors are elected and qualify in
| their stead. Vacancies occurring in any Office of
the Board of rectors shall be filed by the Board
| of Directors at its next meeting.
In witness whereof the incorporates herein
named have hereto set their hands and seals this
| Sth day of March, A. D. 1887.
MARK PAINE, TSeal1
EDGAR W.WILSON, [Seall
JAMES NJ. PAINE. Seal
| In presence Of
FRANK w. BOOTH,
81. OLDENBURG.
STATE OF MINNESOTA, o.,
COUNTY OF HENNEPIN, {ss
On this Sth day of March, A D. 1887, personally
appeared before me, Notary Public within and
for said County of Hennepin, James NJ. Paine and
Edgar w. Wilson, to me personally known to be
the persons named in and who executed the above
instrument, and they each acknowledged that
they executed the same as their free act and deed
or the uses and purposes therein expressed
Notarial Seal FRANK w. BOOTH
Notary Public, Hennepin County Minnesota.
st CorET UF' OF Mi SARIToE {ss
On this 9th day of March, A. D. 1887. personally
appeared before me. q Notary Public within and
for said Carlton County, Mark Paine to me per-
sonally known to be the person named in and who
signed and executed the above instrument and
he acknowledged that he executed the same as
his free act and deed for the uses and purposes
therein expressed.
[Seal] H. OLDENBURG,
Notary Public, Carlton County. Minnesota.